Reported 11 days ago
Korea Zinc Co. is set to meet to determine the fate of a contentious $1.8 billion share sale plan that has led to stock sell-offs and scrutiny from the financial watchdog. The conflict, involving the company's largest shareholders and rival bids, has escalated since September, raising concerns about corporate governance. A decision to proceed could exacerbate these issues, while shelving the plan would hinder efforts to gain shareholder support and manage debt.
Source: YAHOO